LA financial executive tipped authorities to college admissions scandal for leniency in fraud case, report says

LA financial executive tipped authorities to college admissions scandal for leniency in fraud case, report says



Morrie Tobin was being questioned in an alleged scheme — in which people conspire to inflate the price of a stock so they can sell it at a profit — when he offered a tip to federal authorities to obtain leniency, The Wall Street Journal reported.

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